How the Crypto Industry Seesaws Between Assets and Infrastructure

In the beginning, there was bitcoin. And with bitcoin, a new asset was invented. And with that new asset, the way we interact with capital was redefined.Bitcoin achieved both of these things. It created a new form of money: one that needed neither central banks nor collateralization. One that was provably scarce and governed only by code and those who wrote and ran it. It also created a new model for ownership, trading and transacting. This new model required no third parties or middlemen. It meant that anyone could directly control their assets and could transfer them in a purely peer-to-peer manner. A new form of money. A new model of ownership. Related: ,
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